938 N Riverside Drive Espanola, NM $ 925,000
938 N Riverside Drive
$ 925,000
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938 N Riverside Drive

Espanola, NM, 87532
$ 925,000
Baths0.0 Sq 3,362

Monthly Estimate*

$ 6,461

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Studio

Commercial Property for sale in Espanola, NM

for $925,000. This 3,362 square foot building was built in 1980 on a lot size of 0.85.

Real Estate Advisors Tai Bixby and Jacob Rocker are pleased to present for sale a 3,540 square foot turn key restaurant situated on a generous 0.85 Acre lot. Located at 938 Riverside Dr, Espanola, NM. This fully built-out restaurant has been in continuous operation for 41 years, showcasing a rich history of success and community engagement. All furniture, fixtures, and equipment (FF&E) are included, ensuring a seamless transition for the next operator. The business and trade name are not for sale. Strategically positioned on the main corridor in Espanola along Riverside Dr, this property enjoys unparalleled visibility with a traffic flow of 37,000 vehicles per day (VPD). The strategic location serves as a gateway to success, capturing the attention of both locals and passersby, guaranteeing a steady stream of potential customers.

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Commercial Active

Price

$ 925,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.85

Year Built

1980

Town/City

Espanola

County/Region

Rio Arriba

MLS | Web ID

202401005

Features
General
Possession CloseOfEscrow
Year Built 1980
Electric Item3Phase
Property SubType Business
Current Use Restaurant
Business Type Restaurant
County Rio Arriba
Property Type CommercialSale
Possible Use Restaurant Retail
Garage Y/N No
Status Active
City Espanola
Buyer Agent Compensation 0
Lot Size Square Feet 37026.0
Street Name Riverside
Listing Terms Cash Conventional Item1031Exchange NewLoan
Year Built Details Year Built Estimated
MLS Area Minor 32-Fairview
Lease Considered Y/N No
Days on Market 31
Building Area Units SquareFeet
Lease Type None
Standard Status Active
Year Built Source Estimated
Property Sub Type Additional Business
Buyer Agent Compensation Type Item1
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Exterior
Water Source Public
Lot Size Area 0.85
Building Area Total 3362.0
Lot Size Acres 0.85
Lot Size Units Acres
Lot Size Source Assessor
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Interior
Basement (Y/N) No
Fireplace Y/N No
Street Suffix Drive
Total Baths 0
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Internal Only
Street Number 1 938
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* Excluded Features
List By
Jacob Rocker

Listing Agent

Real Estate Advisors, Llc

Broker

jacob@reanm.com

Email

Affordability Calculator

$6,461
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0%
0%
Monthly Principal & Interest
$6,461
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
831258 Elementary School
830993 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$925,000 Listed Price

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938 N Riverside Drive, Espanola, NM, 87532 is a Commercial Property for sale at $925,000 with 3,362 sqft and a lot size of 0.85. 938 N Riverside Drive is a studio with 0.0 baths and was built in 1980. The property's zip code is 87532 which is in Espanola, NM